Bank Of America Business Advantage Unlimited Cash Rewards Credit Card Review – Forbes Advisor

Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® Credit Card vs. Ink Business Unlimited® Credit Card

The Ink Business Unlimited® credit card also offers rewards up to 1.5% unlimited cash back on every business purchase with no annual fee. Ink Business Unlimited outperforms Business Advantage Unlimited Cash Rewards Introductory APR with a fixed Introductory APR of 0% for 12 months on purchases, then a variable APR of 13.24% to 19.24% applies to purchases and balance transfers. It also offers similar benefits: Both cards offer a version of collision damage waiver for rental vehicles, purchase protection and extended warranty.

Ink Business Unlimited’s welcome bonus is slightly larger, but also comes with a higher required spend: $750 cash back bonus after spending $7,500 on purchases in the first 3 months following opening the account. Those who do business with Chase may prefer his card, which is quite similar.

Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® Credit Card vs. American Express Blue Business Cash™ Card

The American Express Blue Business Cash™ card (conditions apply, see rates and fees) earns cardholders 2% cash back on all eligible purchases up to $50,000 per calendar year, then 1%. For those who put more than $100,000 in rewards-eligible charges on the card (assuming they don’t use Preferred Rewards for Business bonus rewards), Business Advantage Unlimited Cash Rewards will earn more rewards than the Amex Blue Business. Otherwise, the Amex Blue Business Cash will earn better rewards. However, this does not take into account the difference in welcome bonuses. Amex Blue Business Cash offers a $250 statement credit bonus after making purchases of $3,000 within the first 3 months of account opening.

Amex Blue Business Cash also offers an introductory APR of 0% on purchases for 12 months from the date the account is opened, then a variable APR of 13.24% to 21.24% applies on purchases and balance transfers. Balance transfers must be made within 60 days of account opening and a fee of $5 or 3%, whichever is greater, applies.

Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® Credit Card vs. Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card

The brotherly twin of the Advantage Unlimited Cash Rewards is the Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card, which offers similar perks, low introductory APRs and other benefits, but offers a discount structure in completely different silver. With Business Advantage Personalized Cash Rewards, cardholders can earn 3% cash back in the category of your choice, 2% cash back on restaurant purchases and unlimited 1% cash back on all other purchases. You’ll earn 3% and 2% cash back on the first $50,000 of choice category/restaurant combo purchases each calendar year and 1% thereafter. Which card is a better choice between these two will solely depend on your spending habits.

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